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Delta Small Business Grants and Support:

Many small businesses continue to struggle as the pandemic forces residents to social distance and prevents businesses from opening their doors. These small businesses provide financial stability for families and communities. Without resources, the small business infrastructure will crumble during this prolonged crisis. This is especially true for rural areas and communities of color, as small business owners face the realities of poor access to capital to maintain their operations.

Delta Owned Model:

The Delta Owned COVID-19 Recover and Rebuild Fund makes capital available to microbusinesses and sole proprietors in the Arkansas Delta who have not been unable to benefit from federal or state COVID-19 funding. Through local nonprofits in the region, Delta Owned works with small businesses to provide individualized business development support and new connections between those businesses and local banks or CDFI.

Delta Owned provides business support services in tandem with small grant capital to help micro-businesses and sole proprietors in the Arkansas Delta to survive the COVID-19 crisis.

How Delta Owned Works:

Grants will be given to sole proprietors, microbusinesses, and other small businesses to recover and rebuild their businesses. The Fund will offer micro-grants at $1,000 each to business owners, which will allow 100 businesses in the region to be served.

        • Amount:  $1000 grant distributed in increments of $500
        • Giving Cycle: Applicants can apply beginning in October 2020, An end date will be established based on funding availability.
        • Giving Locations: Arkansas Delta Counties

Recovery Navigator nonprofit partners, providing individualized business support to help small businesses prepare themselves to seek additional capital and reimagine their business model for future sustainability.

Delta Owned Eligibility:

      • Business must be in one of the following Arkansas Delta counties: Phillips, Lee, Monroe, St. Francis, Woodruff, Jefferson, Arkansas, Cross, Mississippi, Crittenden, Lincoln, Desha, Drew, Ashley and Chicot
      • Business must have been in operation for at least one year
      • Business must not have more than 25 employees
      • Business must not have previously received more than $5000 in PPP funding
      • Owner must be willing to work with a Recovery Navigator
      • Owner must certify that the business has been adversely impacted by Covid-19

For More Information

      • Call Delta Owned Coordinator, Patricia Ashanti at 870-816-6991